Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scenario: You work as an accountant at a manufacturing company, and one of your responsibilities is to oversee the companys expenses, policy and reporting department.

Scenario:

You work as an accountant at a manufacturing company, and one of your responsibilities is to oversee the companys expenses, policy and reporting department. Its December, and lots of people are taking annual leave to spend time with their families.

You get an email from Paul, a manager in HR, telling you that he urgently needs to claim back $1,000 in expenses but his line manager is on leave for two weeks so is unable to approve it. He asks you to approve the expense for him so he can get the money back quickly. He actually needs the money to pay his rent for the month, but he has kept this information to himself.

You ask Paul to confirm what the expense is for, and he tells you that its confidential and wont say.

What should you do?

Please discuss you answer using at least 250-300 words.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing That Matters

Authors: Norman D Marks

1st Edition

1537662023, 978-1537662022

More Books

Students also viewed these Accounting questions